Market Recap – November 16th 💰
After more positive inflation data for the month of October, stocks continued their rally into the green again, with the three major indices on track to finish the month positive. The S&P 500 rose 0.87%, the NASDAQ Composite went up 1.45%, and the Dow Jones rose 0.17%. On the retail side, Walmart stock grew 6.54% after they reported greater earnings than what was forecasted. On the flip side, Capital One Financial Corp, unfortunately, fell 7.18% following several downgrades from analysts and Bank of America.
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I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.